General form of registration statement for all companies including face-amount certificate companies

DEFERRED REVENUE - PARTICIPATION AGREEMENTS: Schedule of Deferred Revenue (Tables)

v3.21.1
DEFERRED REVENUE - PARTICIPATION AGREEMENTS: Schedule of Deferred Revenue (Tables)
12 Months Ended
Dec. 31, 2020
Tables/Schedules  
Schedule of Deferred Revenue

 

Agreement #

 

Date of Funding

 

Amount Funded

 

Warrants

 

Term

 

ExercisePrice

 

RevenueShare

 

MinimumPaymentThreshold

 

Buy-backPremium %pre-18 mos.

 

Buy-backPremium %post 18 mos.

1

 

April 13, 2020

$

100,000

 

300,000

 

5 Years

$

0.12

 

1.500%

$

-

 

40%

 

40%

2

 

April 13, 2020

 

150,000

 

450,000

 

5 Years

 

0.12

 

2.250%

 

-

 

40%

 

40%

3

 

April 13, 2020

 

150,000

 

450,000

 

5 Years

 

0.12

 

2.250%

 

-

 

40%

 

40%

4

 

May 7, 2020

 

250,000

 

750,000

 

5 Years

 

0.12

 

3.750%

 

-

 

40%

 

40%

5

 

June 1, 2020

 

275,000

 

825,000

 

5 Years

 

0.11

 

4.125%

 

82,500

 

40%

 

50%

6

 

June 3, 2020

 

225,000

 

675,000

 

5 Years

 

0.11

 

3.375%

 

67,500

 

40%

 

50%

7

 

July 8, 2020

 

100,000

 

300,000

 

5 Years

 

0.12

 

1.500%

 

30,000

 

40%

 

50%

8

 

Aug. 24, 2020

 

125,000

 

375,000

 

5 Years

 

0.12

 

1.875%

 

37,500

 

40%

 

50%

9

 

Sept. 14, 2020

 

150,000

 

450,000

 

5 Years

 

0.12

 

2.250%

 

45,000

 

40%

 

50%

10

 

Sept.15, 2020

 

50,000

 

150,000

 

5 Years

 

0.12

 

0.750%

 

15,000

 

40%

 

50%

11

 

Sept.15, 2020

 

50,000

 

150,000

 

5 Years

 

0.12

 

0.750%

 

15,000

 

40%

 

50%

12

 

Sept.25, 2020

 

300,000

 

450,000

 

5 Years

 

0.12

 

4.500%

 

420,000

 

40%

 

50%

13

 

Oct. 4, 2020

 

100,000

 

300,000

 

5 Years

 

0.12

 

1.500%

 

30,000

 

40%

 

50%

14

 

Oct. 4, 2020

 

250,000

 

750,000

 

5 Years

 

0.12

 

3.750%

 

75,000

 

40%

 

50%

15

 

Oct. 8, 2020

 

500,000

 

1,500,000

 

5 Years

 

0.12

 

7.500%

 

150,000

 

40%

 

50%

16

 

Oct. 9, 2020

 

50,000

 

150,000

 

5 Years

 

0.12

 

0.750%

 

15,000

 

40%

 

50%

17

 

Dec. 16, 2020

 

10,000

 

30,000

 

5 Years

 

0.12

 

0.150%

 

3,000

 

40%

 

50%

 

 

 

$

2,835,000

 

8,055,000

 

 

 

 

 

42.525%

$

985,500